Newegg Commerce (NASDAQ:NEGG) Trading Down 1% – Should You Sell?

Newegg Commerce, Inc. (NASDAQ:NEGGGet Free Report) was down 1% during trading on Wednesday . The stock traded as low as $0.59 and last traded at $0.60. Approximately 334,988 shares changed hands during trading, a decline of 44% from the average daily volume of 601,137 shares. The stock had previously closed at $0.60.

Newegg Commerce Price Performance

The company has a current ratio of 1.21, a quick ratio of 0.54 and a debt-to-equity ratio of 0.54. The business’s 50-day simple moving average is $0.67 and its two-hundred day simple moving average is $0.82.

Newegg Commerce Company Profile

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Newegg Commerce, Inc operates as an electronics-focused e-retailer in North America. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer accessories; home video and audio, headphones, pro audio/video, cellphones, wearables, and digital cameras; display and printing, office technology furniture, office supplies, and mailing and inventory supplies; and software, digital downloads, warranty and services, 3rd party gift cards, and entertainment products.

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